TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CAT BOND [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2017-10-04

English

Subject field(s)
  • Insurance
DEF

A high-yield, insurance-backed bond containing a provision causing interest and/or principal payments to be delayed or lost in the event of loss due to a specified catastrophe, such as an earthquake.

French

Domaine(s)
  • Assurances
DEF

Titre obligataire émis par une structure de titrisation pour transférer à ses détenteurs les risques d'entreprises d'assurances liés à des catastrophes naturelles.

OBS

Les conditions de rémunération ou de remboursement des obligations-catastrophe varient selon qu'un sinistre survient ou non.

OBS

obligation-catastrophe : terme et définition publiés au Journal officiel de la République française le 21 septembre 2017.

Spanish

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